4001. Our only limitations are those we set up in
our own minds;
4002. Success often boils down to whether or not
you believe your intelligence level is fixed or if it is something that can be
improved upon;
4003. You need to stop making excuses in every
aspect of your life. That means actually
doing what you say you’re going to do.
Be an action taker not an excuse maker;
4004. Excuses are preventers; they prevent you from
accomplishing anything in life. When you
push away a spark of motivation with one of your well-rehearsed excuses, you
are preventing yourself from taking action every single time. For the rest of your life, you’re going to be
faced with problems and goals. You might
as well tackle them the right way; starting with eliminating excuses from your
lexicon;
4005. Happiness is the most important thing in
life. Now what exactly happens in your
life when you justify your inaction with an excuse? You postpone your own happiness;
4006. If you really want anything to change,
comfort is the last thing you should be seeking;
4007. When you get to the point where all you want
to do is to be as successful as badly as you want to breathe, then you will be
successful;
4008. If you want to succeed in life, you have to
do so much more than just be yourself.
You need to be the best version of yourself;
4009. Motivation is a fickle thing. It’s no different from any other emotion –
valid, but utterly fleeting and wholly undependable. Habits are reliable. Motivation is not;
4010. Don’t be yourself, better yourself;
4011. The only way to improve is to try, but we’re
taught to fear rejection more than we desire to succeed;
4012. When you choose failure, you’re guaranteed to
get it. But when you choose to take
action, you’re guaranteed a chance at success.
Isn’t having a chance at achieving your goals better than a guarantee
that you won’t? So stop choosing
failure. Instead, choose a chance at
success;
4013. The moment you stop, the moment you hesitate,
the moment you let up and decide to just do it tomorrow, you’ve lost. At that point, you’ve chosen failure;
4014. Being a hard worker is important, but working
hard alone will never make you wealthy;
4015. In order to succeed, you have to be willing
to fail many times;
4016. People are very good at misleading themselves
and others around them by claiming to be preparing for an opportunity. In their minds, they are getting ready. Unfortunately, what they are really doing is
procrastinating because they are scared of what could happen if they fail. As a result, the opportunity that presented itself
usually goes away;
4017. Self-doubt, fear and worry are the greatest
obstacles to success;
4018. Watch out for the Dermalactives saleswomen at
the Fashion Centre at Pentagon City.
They’re (really) good. . . . You’ll end up buying stuff you didn’t want;
4019. Fear is the mind-killer;
4020. Net worth is only potential value. It is worthless until realized, just as a
person’s potential is worthless until it is realized through serving and
creating value for others;
4021. The way to bridge the gap between the
potential of net worth and the productivity of cash flow is through creating
value – finding ways to meet the perceived needs and wants of other people;
4022. The myth that prosperity can be reduced to
and quantified by math destroys our human life value because it is focused on
the effect, rather than the cause of prosperity. It causes people to work for money and to
pursue a number on their bank balance or a calculation of net worth instead of
creating value, and it leads us to make unwise decisions regarding money;
4023. In a world of cause and effect, money is an effect
while creating value for people is the cause;
4024. Numbers on paper can’t help you understand
the opportunity costs of the financial and life decisions you make;
4025. Opportunity costs are the paths not taken,
the opportunities we lose when we choose a particular course of action – what
our money could have been or the experiences we could have had or the jobs we
might hold had we made different choices.
When we place too much value on the numbers on our balance sheets and in
our retirement accounts, we run the risk of staying in miserable and limiting
situations because the numbers dangle in front of us like the proverbial
carrot. We make decisions based on how
much money we can make, rather than focusing on how much value we can create
for others and for ourselves. Can you
quantify the burnout that eventually hits people doing things that make them
miserable, even if they make good money?
Furthermore, can you quantify the lost production that comes from people
working for money instead of working to create value?
4026. A number on a balance sheet that says $1
million is nothing but a quantity and it says nothing about the quality of life
of the individual millionaire;
4027. If our sense of happiness is based primarily
on our amount of money, it is an illusory and transitory happiness at best;
4028. Quality and quantity are fundamentally
different from each other and one cannot be substituted for the other. If we can learn to focus more on quality and
less on quantity, we will be more able to utilize and maximize the productivity
of any amount of money that flows to us;
4029. Nobody wants money; they want what money can
buy;
4030. Everyone wants to be happy and it’s that
desire for happiness that drives all human behavior. Many people seem to think that happiness is a
function of the amount of money that we have.
But it’s self-evident that money cannot bring us happiness. It can certainly facilitate the purchase of
items that contribute to our joy in life, but money in and of itself has no
intrinsic value;
4031. Prosperity means to be truly happy and to be
free of worries and stress about money;
4032. One of the most destructive lies that we can
fall prey to is thinking that having more money will change us. Many people fear wealth because they think it
will change them for the worse and still others invite wealth because they
think that it will make them happy. The
amount of currency available to you does nothing, but make you more of what you
already are. If you are naturally
generous, increased wealth will simply give you greater opportunity to be
generous. If you are greedy, wealth will
do nothing but manifest your greed even more clearly;
4033. A bank balance does not have the power to
change people; only people can change their understanding of and relationship
with their bank balance. If you’re not
happy without money, you’ll never be happy with it. Money is important and useful, but if you
think that money will fix your problems, that thought is the problem;
4034. Nobody is responsible for you, but you. You are the one with the responsibility and
the power to change anything about your life that you don’t like;
4035. Great wealth can come to you only as a result
of doing things you don’t want to do;
4036. Successful people share five characteristics:
1. They are persistent; 2. They are patient; 3. They are willing to handle both the “nobler
and the pettier” aspects of their job; 4.
They have an increasingly noncompetitive attitude towards the people
with whom they work with; and 5. Their
investment activities – aside from their main careers – consumed a minimum of
their time and attention;
4037. Investing in yourself, what you do and with
whom you do it are the most important determining factors of wealth;
4038. Security is mostly a superstition. It does not exist in nature, nor do the
children of men as a whole experience it.
Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure or nothing;
4039. People are anxious to improve their
circumstances, but are unwilling to improve themselves; they, therefore, remain
bound;
4040. What we know and do not act on cannot help
us;
4041. Success is not final, failure is not fatal;
it is the courage to continue that counts;
4042. Consumers focus on what they get instead of
what they can give, they avoid responsibility, they depend on others for their
happiness and they rarely create real value.
Consumers operate in scarcity, so they view the world through eyes that
see poverty and limitations. They think
there isn't enough to go around, so they should get what they can before it all
runs out. They take and leave nothing in
place of what they take. They often feel
victimized by other people and external circumstances when they don't get what
they think they should. They believe
that material things, not people, have intrinsic value. Because they feel entitled to everything that
is given to them, they are poor stewards and allow their human life value to
degenerate;
4043. Producers know that people, not material
things, have intrinsic value. They love
people and use material things to serve others.
They operate in abundance and they view the world through eyes that see
limitless possibilities for value creation.
They are wise stewards over everything that they have been blessed with;
4044. People quickly answer two questions when they
first meet you: Can I trust this person?
Can I respect this person?
Psychologists refer to these dimensions as warmth and competence
respectively, and ideally you want to be perceived as having both;
4045. Most people, especially in a professional
context, believe that competence is the more important factor. After all, they want to prove that they are
smart and talented enough to handle your business. But in fact warmth or trustworthiness is the
most important factor in how people evaluate you;
4046. While competence is highly valued, it is
evaluated only after trust is established;
4047. If someone you’re trying to influence doesn’t
trust you, you’re not going to get very far; in fact, you might even elicit
suspicion because you come across as manipulative;
4048. A warm, trustworthy person, who is also
strong, elicits admiration, but only after you’ve established trust does your
strength become a gift rather than a threat;
4049. When you’re in a parking garage, you’re
trying to turn and there’s another car blocking your way, back up and let the
other car pass. . . . Your paint job (and insurance company) will thank you;
4050. The last of the human freedoms is to choose
one’s attitude in any given set of circumstances – to choose one’s own way;